More than 60% of the development areas eligible for the ‘Seondo District’ contest, which will be the first to be rebuilt among the first new towns, applied. The total number of households supported is 153,000, which is nearly six times the size of the selection. However, after the leading district is selected in November, it is expected that the success or failure of the project will be determined by how issues such as conflicts over union contributions, division of commercial shares, and large-scale relocation are resolved.
On the 29th, the Ministry of Land, Infrastructure and Transport announced on the 29th that as a result of conducting the ‘1st New Town Development Leading District Selection Contest’ from the 23rd to the 27th, 99 out of 162 districts (61.1%) of the 5 new towns (Bundang, Ilsan, Pyeongchon, Jungdong, and Sanbon) applied. revealed. The number of households is 153,000 (65.8%) out of 232,600. This is 5.9 times more than the standard amount of 26,000 homes for selection as a leading district. When the Ministry of Land, Infrastructure and Transport and local governments select leading districts in November, they can set up to 1.5 times the standard quantity for each city, up to a total of 39,000 units.
The most competitive place was Bundang, Seongnam-si. 47 places and 59,000 homes applied, reaching a competition rate of 7.4 to 1 based on the number of households. The average consent rate of residents in the application areas was 90.7%, with the highest consent rate being 95.9%. The competition rate in Jung-dong, Bucheon-si was 6.6 to 1, and the remaining competition rates in Ilsan, Goyang-si, Sanbon, Gunpo-si, and Pyeongchon, Anyang-si were 4.4 to 5.0 to 1, respectively.
The reason there was a rush of applications for the leading district contest was due to expectations of a ‘battle of speed’. The government set the target for the start of reconstruction of the Seondo District at 2027, the last year of the Yoon Seok-yeol administration’s term. An official from a Bundang complex said, “Because it is one of the government’s major pledges, there are high expectations that construction will begin within the term,” adding, “If it is not selected as a leading district, the momentum for the project may be weakened.” In the first new town, including the Seondo district, safety inspections are exempted or relaxed when multiple complexes are rebuilt together, and the legal upper floor area ratio is increased by 1.5 times.
The government plans to introduce a ‘fast track for establishing a special maintenance plan’ to speed up the process. If more than half of the land owners in the Seondo district agree, the trust company and Korea Land and Housing Corporation (LH) will be designated as preliminary project implementers to support early establishment of the plan.
Experts point out, however, that there are a lot of tasks that need to be solved, such as contributions, public contributions, division of commercial properties, and relocation measures. An official in the maintenance industry said, “The first new city complexes proposed aggressively, including setting the ratio of rental housing to be used for relocation measures as high as possible in order to be selected as a leading district,” and “Once selected, conflicts will arise over rental ratios, contributions, etc. “You can,” he said. Lee Eun-hyung, a researcher at the Korea Construction Policy Institute, said, “Trust companies do not have much experience in successfully completing maintenance projects. “It is questionable whether the trust company will be able to resolve various interests well,” he said.
There are also concerns that conflict between commercial and apartment union members may increase during the integrated reconstruction process. Lee Chun-ran, CEO of Real Rich Asset, a real estate consulting firm, said, “Apartment complexes with many commercial union members may have difficulty reconciling conflicts in the future due to the split of shares.”
Reporter Choi Dong-su [email protected]
Reporter Oh Seung-jun [email protected]
-
- great
- 0dog
-
- I’m sad
- 0dog
-
- I’m angry
- 0dog
-
- I recommend it
- dog
Hot news now
2024-09-29 14:43:38